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Valley of Lakes RICO Class Action against PNCBANK, et al.
ripped edge: exhibits
Valley of Lakes Letterhead


August 5, 1993


Mr. Frank Rachubiriski            VIA HAND DELIVERY AND FlRST CLASS MAIL
P.O. Box 137
Oneida PA 18242

RE: Violations - Lot No. A-043

Dear Mr. Rachubinski:

In accordance with the authority granted C.B.G. Limited by the recorded 
Covenants and Restrictions and the Rules and Regulations, running with 
the land, all of which are applicable to and legally binding upon all 
purchasers of land in the Valley of Lakes, I am serving notice upon you 
of the violations with which you are being charged and the actions to be 
taken by C.B.G. Limited.

VIOLATIONS

1.  Advertising an event to be held on the property of the Valley of 
Lakes, without permission of C.B.G. Limited.

2.  Charging fees for attendance at an event scheduled to be held on the 
property of the Valley of Lakes without permission of C.B.G. Limited.

3.  Attempting to stage a commercial fund raising event on the property
or Valley of Lakes without permission of C.B.G. Limited.

4.  Erecting and/or posting signs on Valley of Lakes property without 
permission of C.B.G. Limited.

5.  Engaging in improper, offensive and unlawful activity on Valley of 
Lakes property.

LEGAL ACTION

A.  It is the intention of C.B.G. Limited to file legal actions against 
you citing these and other charges in a court or law.

If the event is actually held, additional charges will be filed.






Augtist 5, 1993
Page 2




B.  In addition to the proposed legal actions, you are hereby notified
that effective immediately, all rights and privileges previously 
accorded you as a property owner are hereby suspended.  An additional 
action in trespass will be filed immediately, should you attempt to 
utilize any of the amenities of the Valley of Lakes.

C.  You are being assessed 8 fine of $300.00 for each of the above 
violations.

D.  You may refer to Article XIV - Enforcement and Fines on Page 42 of 
our Rules end Regulations for guidance.

E.  C.B.G. Limited will convene a hearing before the "Valley of Lakes 
Disciplinary Board", if within 15 days, we receive a written request 
from you, relative to the suspension of your owners' privileges.

Very truly yours,


/s/
Frank M. Cedrone

Managing General Partner

FMC/va

C: Hoegen & Marsh



Valley of Lakes RICO Class Action against PNCBANK, et al.

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